Orvieto Partners L.P. Takes Position in Talos Energy Inc. (NYSE:TALO)

Orvieto Partners L.P. purchased a new stake in Talos Energy Inc. (NYSE:TALO - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 107,900 shares of the company's stock, valued at approximately $1,048,000. Orvieto Partners L.P. owned approximately 0.06% of Talos Energy as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TALO. Barclays PLC boosted its holdings in Talos Energy by 21.9% in the third quarter. Barclays PLC now owns 1,173,765 shares of the company's stock valued at $12,149,000 after purchasing an additional 210,687 shares in the last quarter. Assenagon Asset Management S.A. grew its position in Talos Energy by 2.0% during the 4th quarter. Assenagon Asset Management S.A. now owns 111,892 shares of the company's stock worth $1,086,000 after purchasing an additional 2,192 shares during the last quarter. Nisa Investment Advisors LLC grew its position in Talos Energy by 182.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 10,884 shares of the company's stock worth $106,000 after purchasing an additional 7,026 shares during the last quarter. SG Americas Securities LLC purchased a new stake in shares of Talos Energy in the fourth quarter valued at about $592,000. Finally, KBC Group NV boosted its holdings in shares of Talos Energy by 46.1% in the fourth quarter. KBC Group NV now owns 7,970 shares of the company's stock valued at $77,000 after acquiring an additional 2,515 shares in the last quarter. 89.35% of the stock is owned by institutional investors and hedge funds.

Talos Energy Price Performance

TALO traded up $0.02 during midday trading on Tuesday, reaching $7.42. 324,720 shares of the company's stock were exchanged, compared to its average volume of 1,888,557. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.97 and a quick ratio of 0.97. The stock has a market capitalization of $1.32 billion, a PE ratio of 13.73 and a beta of 1.33. The business's 50-day moving average price is $8.24 and its 200 day moving average price is $9.55. Talos Energy Inc. has a 1-year low of $6.23 and a 1-year high of $13.88.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. KeyCorp lowered their target price on shares of Talos Energy from $16.00 to $12.00 and set an "overweight" rating on the stock in a report on Monday, April 21st. Stephens lowered their target price on shares of Talos Energy from $21.00 to $20.00 and set an "overweight" rating on the stock in a report on Wednesday, February 5th. Citigroup reduced their price objective on shares of Talos Energy from $14.50 to $12.00 and set a "buy" rating for the company in a research note on Tuesday, March 4th. Mizuho reduced their price objective on shares of Talos Energy from $15.00 to $12.00 and set an "outperform" rating for the company in a research note on Monday, April 7th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Talos Energy from $14.00 to $12.00 and set a "neutral" rating for the company in a research note on Thursday, March 13th. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat.com, Talos Energy presently has a consensus rating of "Moderate Buy" and a consensus price target of $14.38.

Talos Energy Company Profile

Talos Energy Inc, through its subsidiaries, engages in the exploration and production of oil, natural gas, and natural gas liquids in the United States and Mexico. It also engages in the development of carbon capture and sequestration. Talos Energy Inc was founded in 2011 and is headquartered in Houston, Texas.